Truly Int'l's annual net revenue increased by over 10% year-on-year, new china life insurance acquired haitong sec's H-share | Selected announcement of Hong Kong stocks on December 4th.

① Truly int'l has seen its net revenue increase by over 10% year-on-year within the year, how significant is the scale? ② New china life insurance has increased its stake in haitong sec listed in hong kong, what signal does this send?

cls.cnDec 4 08:06 ET

New China Life Insurance acquired a stake in haitong sec's H shares, marking the first time in five years that an insurance institution has taken a stake in a listed brokerage, and it is still buying shares after the acquisition.

① New China Life Insurance announced today that it has made a significant investment in Haitong Sec listed in Hong Kong, with the latest announcement showing a shareholding ratio of 5.4846%. ② According to data from the industry association, this is the first time this year that insurance funds have taken a stake in brokerage stocks. It is also the first time in five years that they have taken a stake in brokerage stocks. ③ The latest announcement from yesterday (December 3) shows that New China Asset is still continuing to buy, having acquired 8 million shares of Haitong Sec on December 2 at a price of 7.0024 HKD per share.

cls.cnDec 4 05:26 ET

Guolian Securities: The opening of life insurance in 2025 still has multiple bullish factors.

Against the background of continuous adjustment of deposit interest rates, the increasing life insurance with a scheduled interest rate of 2.5% and the dividend insurance with a scheduled interest rate of 2.0% still have certain competitive advantages.

Zhitong FinanceDec 4 03:40 ET

New China Life Insurance Announces Board Resignation

TipRanksDec 3 04:08 ET

New China Life Insurance (01336.HK): Yang Yi resigned as a non-executive director.

Gelonghui, December 3rd丨New China Life Insurance (01336.HK) announced that the board of directors received a resignation letter from director Yang Yi on December 2, 2024. Yang Yi resigned from the positions of non-executive director, and member of the board of directors' global strategy committee and investment committee due to work reasons.

Gelonghui FinanceDec 3 03:55 ET

Hong Kong stocks have shown unusual movement | mainland insurance companies are rising as new regulations on insurance asset risk classification are introduced, which is expected to alleviate market concerns regarding the investment risk of insurance comp

Mainland insurance companies surged, as of the time of writing, china pacific insurance (02601) rose by 4.43%, closing at 25.95 HKD; picc p&c (02328) increased by 3.55%, closing at 12.26 HKD; china life insurance (02628) went up by 3.08%, closing at 15.38 HKD.

Zhitong FinanceDec 3 01:15 ET